Global Automotive Daytime Running Light Market Growth 2023-2029

Global Automotive Daytime Running Light Market Growth 2023-2029

Lighting is one of the most important aspects of an automobile, with vital roles to play in safety, comfort, and, increasingly, in vehicle styling. It includes lighting and signaling devices located in the front, sides, and rear of a vehicle.

LPI (LP Information)' newest research report, the “Automotive Daytime Running Light Industry Forecast” looks at past sales and reviews total world Automotive Daytime Running Light sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Daytime Running Light sales for 2023 through 2029. With Automotive Daytime Running Light sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Daytime Running Light industry.

This Insight Report provides a comprehensive analysis of the global Automotive Daytime Running Light landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Daytime Running Light portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Daytime Running Light market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Daytime Running Light and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Daytime Running Light.

The global Automotive Daytime Running Light market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The primary use of automotive lighting is to ensure visibility for the driver, improve vehicle conspicuity, and intimate the presence and position of the vehicle to others.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Daytime Running Light market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Full-voltage
Parking light

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hella
KOITO
Magneti Marelli
OSRAM
Valeo
ICHIKOH INDUSTRIES
Samsung LED
STANLEY ELECTRIC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Daytime Running Light market?

What factors are driving Automotive Daytime Running Light market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Daytime Running Light market opportunities vary by end market size?

How does Automotive Daytime Running Light break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.